scholarly journals THE IMPACT OF EU STRUCTURAL FUND SUPPORT AND PROBLEMS OF ITS ABSORPTION

2013 ◽  
Vol 11 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Daiva Jurevičienė ◽  
Jūratė Pileckaitė

Targeted allocation of EU support in Lithuania can help resolving a number of problems and achieving significant results in a variety of areas. However, rush to absorb support may lead to a little, zero or even negative impact on national economy. In addition, EU support opportunities may distort investment motivation. This paper deals with issues related to the impact of EU support and problems of its absorption. The impact of EU support on the national economy has been established in three areas: attraction of foreign direct investment state investments into capital formation, and experience of companies, which are EU support beneficiaries. The paper proposes using regression analysis in search and evaluation of relations while obtaining more information about programmes, priorities and the impact of structural support on different indicators. In addition, it focuses on ascertaining the effectiveness of governmental and company spending. Furthermore, as companies – EU support beneficiaries – are engaged in different economic activities, their experience cannot be ascertained from statistical data; consequently, findings of an expert survey are presented to demonstrate the experience acquired by business companies as well as problems they face. Limitation of research was a short period of time to evaluate (only four years of the current funding period)

Author(s):  
Kateryna Sova ◽  
◽  
Natalia Yatsenko ◽  
Denys Zagirniak ◽  
◽  
...  

The article is devoted to the study of the impact of the introduction of International Financial Reporting Standards (IFRS) on changes in the investment climate in Ukraine. The relevance of the topic is that improving the practice of applying IFRS as a tool for exchanging financial information is one of the key conditions for improving the investment climate in Ukraine. The authors have created the generalized scheme that illustrates the chronological list of enterprises that are required by law to prepare financial statements in accordance with IFRS. It was noted that in 2018, in accordance with Part 2 of Article 12 of the law on accounting and financial reporting in Ukraine and resolution of the Cabinet of Ministers of Ukraine No. 547 from 11.07.2018, the criteria of enterprises that are required to prepare financial statements in accordance with IFRS were updated. This step significantly increased the level of application of international standards due to the adoption of such a decision at the legislative level. The dynamics of the number of IFRS enterprises in Ukraine was analyzed. The analysis showed that over the past three years, the number of almost all enterprises that must apply international standards has been growing. The advantages of using IFRS for different users of financial statements were determined. It was determined that the priority users of IFRS financial statements are investors. At the same time, it was noted that the main advantage for other users of financial statements prepared in accordance with international standards is the improvement of the investment climate. The dynamics of the Investment Attractiveness Index of Ukraine based on the Likert scale in the period from 2016 to 2020 was analyzed. The direct investment receipts to Ukraine from the European Union countries were studied. The dynamics of direct investment in the Ukrainian economy was analyzed for two types of economic activities that should form financial statements in accordance with IFRS, namely, the extractive industry and quarrying, as well as financial and insurance activities.


2021 ◽  
pp. 0958305X2110453
Author(s):  
Jaleel Ahmed ◽  
Shuja ur Rehman ◽  
Zaid Zuhaira ◽  
Shoaib Nisar

This study examines the impact of financial development on energy consumption for a wide array of countries. The estimators used for financial development are foreign direct investment, economic growth and urbanization. The study employed a panel data regression on 136 countries with time frame of years 1990 to 2019. The model in this study deploys system GMM technique to estimate the model. The results show that financial development has a significant negative impact on energy consumption overall. Foreign direct investment and urbanization has significant impact on energy consumption. Also, economic growth positive impact on energy consumption its mean that economic growth promotes energy consumption. When dividing further the sample into different groups of regions such as Asian, European, African, North/Latin American and Caribbean countries then mixed results related to the nexus between financial development and energy consumption with respect to economic growth, urbanization and foreign direct investment. The policymakers in these different groups of countries must balance the relationship between energy supply and demand to achieving the sustainable economic development.


ECONOMICS ◽  
2018 ◽  
Vol 6 (1) ◽  
pp. 7-15
Author(s):  
Slobodan Subotić ◽  
Živko Erceg ◽  
Vladimir Marković ◽  
Goran Mitrović

SUMMARY The necessity of economic life and economic development of every economy is the free movement of capital. The international movement of capital has its balance of payment when capital export represents economic surplus in relation to consumption of the national economy and the import of capital represents an increase of consumption in regard to the output of a national economy. Analysis of the influence of foreign direct investment (FDI) on economic growth of the host country, among other things, is emphasized in the function of the achieved phase of its economic development. Taking all this into consideration, the aim of this paper refers to an attempt to indicate the significance and the role of FDI as well as the importance of attracting foreign direct investment in B&H and the determination of the effects of FDI on the economy of B&H. In this regard, we will try to determine the level of FDI’s impact on some macroeconomic indicators in B&H (GDP, import, export, unemployment) by using contemporary SPSS statistical analysis program (model) and applying the methods (calculating coefficients) of correlation and regression analysis. In other words, we will determine the analytical expression used to describe a statistical relationship of these macroeconomic categories.


2021 ◽  
Vol 8 (523) ◽  
pp. 140-150
Author(s):  
O. T. Zamaslo ◽  
◽  
D. A. Kozak ◽  

The article is aimed at examining the problem of laundering black money in the offshore jurisdictions. Attention is paid to the key factors that attract economic entities regarding business registration in offshore zones. The impact of the tax burden on the process of moving profits to offshore jurisdictions is considered. The volumes of losses of the State Budget of Ukraine related to tax evasion of the funds placed on the accounts of offshore companies have been studied. The most typical schemes of laundering black money in offshore zones are presented, as well as a number of stages that form the process of laundering are highlighted. Emphasis is placed on round tripping investment as a key mechanism for returning foreign funds to a resident in the form of foreign direct investment, the main factors in the use of round trip transactions by Ukrainian business entities are allocated. Attention is drawn to the percentage of countries, which are the largest investors in Ukraine. It is determined that the use of offshore schemes by Ukrainian businesses contributes to the growth of the shadowing of the national economy and causes a direct negative impact on Ukrainian financial security, which is confirmed by the results of the National Risk Assessment 2019. Emphasis is placed on the OECD / G20 Base Erosion and Profit Shifting (BEPS) initiative to prevent money laundering offshore, and Ukraine’s key measures to implement relevant international standards are specified. Prospects for further research in this direction are to identify measures directed towards deoffshorization of the national economy, including through the implementation of the BEPS 2.0 Action Plan.


Atmosphere ◽  
2020 ◽  
Vol 11 (9) ◽  
pp. 959
Author(s):  
Ana María Durán-Quesada ◽  
Rogert Sorí ◽  
Paulina Ordoñez ◽  
Luis Gimeno

The Intra–Americas Seas region is known for its relevance to air–sea interaction processes, the contrast between large water masses and a relatively small continental area, and the occurrence of extreme events. The differing weather systems and the influence of variability at different spatio–temporal scales is a characteristic feature of the region. The impact of hydro–meteorological extreme events has played a huge importance for regional livelihood, having a mostly negative impact on socioeconomics. The frequency and intensity of heavy rainfall events and droughts are often discussed in terms of their impact on economic activities and access to water. Furthermore, future climate projections suggest that warming scenarios are likely to increase the frequency and intensity of extreme events, which poses a major threat to vulnerable communities. In a region where the economy is largely dependent on agriculture and the population is exposed to the impact of extremes, understanding the climate system is key to informed policymaking and management plans. A wealth of knowledge has been published on regional weather and climate, with a majority of studies focusing on specific components of the system. This study aims to provide an integral overview of regional weather and climate suitable for a wider community. Following the presentation of the general features of the region, a large scale is introduced outlining the main structures that affect regional climate. The most relevant climate features are briefly described, focusing on sea surface temperature, low–level circulation, and rainfall patterns. The impact of climate variability at the intra–seasonal, inter–annual, decadal, and multi–decadal scales is discussed. Climate change is considered in the regional context, based on current knowledge for natural and anthropogenic climate change. The present challenges in regional weather and climate studies have also been included in the concluding sections of this review. The overarching aim of this work is to leverage information that may be transferred efficiently to support decision–making processes and provide a solid foundation on regional weather and climate for professionals from different backgrounds.


2020 ◽  
Vol 159 ◽  
pp. 06007
Author(s):  
Dinara Rakhmatullayeva ◽  
Iliyas Kuliyev ◽  
Zhaksylyk Beisenbaiyev ◽  
Talgat Tabeyev

The article examines the impact of FDI inflows on the economic growth of the host country, using the Kazakhstan economy as an example. The authors attempted to assess the impact of FDI using a multiple regression model. As a measure of economic growth, Kazakhstan’s GDP data for the period 2000-2017 was used. The simulation results didn’t reveal the negative impact of FDI on economic growth, but the analysis revealed that the presence of a positive relationship is not essential for assessing the growth of the national economy.


2017 ◽  
Vol 13 (25) ◽  
Author(s):  
Oscar Elí Velarde Moreno ◽  
Mónica Blanco Jiménez ◽  
Sergio Armando Guerra Moya

Abstract: The impact of multinational subsidiaries or Foreign Direct Investment in host economies had been subject of debate for years (Hirschman, 1958). Recently the researchers and government institutions in México are being attracted to the subject because of the interest on the impact of foreign multinational subsidiaries that operate as an anchor company of a value chain, and more specifically in the local supplier development.The purpose of this investigation is to analyze the home appliance sector in México and NuevoLeón, presenting the statistical data and a theoretical framework of supplier development in order to set a model for further investigations.Keywords: exportations, foreign direct investment, home appliance, multinationals, supplier development.JEL: F230, F630Resumen: El impacto de las empresas multinacionales o la inversión extranjera directa en los países huéspedes ha sido un sujeto de debate durante años (Hirschman, 1958). Recientemente, las instituciones gubernamentales se han sentido atraídas al tema debido al  interés por saber el impacto de las subsidiarias extranjeras que operan como empresa ancla en las cadenas de valor, y más específicamente desarrollando proveedores nacionales. El propósito de esta investigación será hacer un análisis del sector de electrodomésticos en nuevo Por lo que se presentará primero la evolución estadística del sector de electrodomésticos para luego hacer una revisión teórica de la literatura referente al desarrollo de proveedores con el objetivo de establecer un modelo para investigaciones futuras.Palabras claves: desarrollo de proveedores, electrodomésticos, exportaciones, inversión extranjera directa, multinacionales. 


2021 ◽  
Author(s):  
Ariyo DP Irhamna ◽  
Ely Nurhayati ◽  
Adinda Putri Safira ◽  
Galuh Indra Wijaya

Abstract Scholars have long studied the spillover of FDI on trade. However, there has been limited study which spesifically investigate the impact of FDI on the export structure in a developing country. Does FDI more important than domestic investment for export structure? To examine the question, we test the impact of FDI and DDI on the export structure in time series framework, utilizing data on FDI inflows to Indonesia and export data based on product stage over 1992–2017. The export structure is analyzed based on three categories, namely primary product, intermediate product, and final product. Our results show that domestic investment has a negative impact on the primary export product, while foreign investment has a positive impact on the final export product. The result highlights the importance of domestic and foreign investment in export upgrading.


Author(s):  
Oktay Aktürk

Liberalization taking place in the global capital and financial market in recent years and correspondingly the lack of adequate control mechanisms have caused economic crisis at global, regional and country level. While the crises have affected the overall economy, the greatest negative impact has been observed on SMEs. Considering the share of SMEs in total initiatives and employment in worldwide economy, it is seen that they are key points for economies. In this respect, the determination and analysis of the impact of economic crisis on SMEs are very important for a healthy economic development. Starting with this point, in ttis study, especially in the context of recent global crisis, a general assessment on economic crisis has been made and the position of SMEs in the economic structure, the effect of crisis on SMEs has been tried to put forward especially on the basis of Turkey. Several scientific studies and statistical data conducted on SMEs and economic crisis have been examined for this purpose.


Foreign Direct Investment has a vital errand to do in the rustic part for the Indian financial system. FDI is empowered in the cultivating section to improve the idea of yields. In the Indian Economy the FDI inflows to the cultivating portion since 2010 – 2018 there is an important perfection in the Agriculture section. Agriculture is said to be the establishment of the nation and it encompasses of 65% of the Indian people. Along these lines, the methodologies are limited in gathering to the agriculture influences a people. In order to forgo the poverty, government has upheld the FDI in Agricultural part and it is most acclaimed way to deal with discard the dejection and longing for. There is an emergency in agrarian part because of the colossal advances and advances which are paid by the banks to the ranchers. The ongoing patterns in the horticultural part have delineated a deceleration in the agrarian development. FDI in Agricultural Sector is one of the copious walks in improving bothers of Indian Farmers. For propelling cultivating improvement, reducing poverty and hunger, and progressing environmental supportability, country theory is crucial. FDI enthusiasm for agriculture requires a logically point by point ask about. Both positive and negative impact should be eagerly examination, with respect to Indian economy. In order to grow the lifestyle for the people and to engage those to use for sound and reflex improvements it is pivotal principal that, capital course of action ought to occur at a higher rate. This paper attempts to consider the impact of FDI in India expressly in green part and to examine the likelihood and confusions looked by the fragment in pulling in the black out budgetary masters adjacent to the various exercises taken by the administrationBased on the results and findings, suitable suggestions and conclusions will be made for the further research.


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